National Republican., 1887-09-29
PROSPECTUS.
THE LINOTYPE COMPANY

Mergenthalcr Printing Company
Tho National Topographic Company.
Tho Linotype Printing Machine having
been perfected and made commercial fact,
Il Is proposed to form company under tho
laws of
THE DISTRICT OF COLUMBIA
with a capital OF
ONE HUNDRED THOUSAND DOLLARS,
for the purpose of furnishing to oil classes
of customers, at large reduction from
the present cost of typc-setting different
VARIETIES OF BoDY LETTER
OF any required length of line.
It has been considered that the plan Of
establishing
A CENTRAL OFFICE
from which reading matter In the different
sizes of letter
FROM SMALL P1CA TO AGATE
can be furnished In any quantities to cus-
toners almost upon demand. Is preferable
to any other method of operating
THE LINOTYPE MACHINE.
at least until
THE MERGENTHALER COMPANY
is able to approximately supply the pres
ent demand for newspaper and Job oiIlco
plants as such plan will ensure a con-
tInuous working Of tho machines under In
telligcnt direction and thereby ensure
THE LARGEST POSSIBLE PRODUCT
and the gradual education of largo class
of skilled operators.
II is proposed. therefore. to take tho
limited number of machines that can be
obtained at present, as the nucleus of tho
establishment here, and In order that the
large number OF persons interested In
THIS GREAT MECHANICAL DEVICE
may be accommodated, the capital stock
of the Company has been placed at
ONE HUNDRED THOUSAND DOLLARS,
n figure ample for the requirements of q
probable business. the maximum subscrip-
tion being restricted to
ONE HUNDRED SHARES
at the par value of Twenty five Dollars per
share.
In order that those persons whose pres
cnt employment is likely to bo affected by
the introduction Of
A LABOR SAVING INVENTION
of such great capacity as -
THE LINOTYPE MACHINE,
has been determined that practical printers
same terms as the original promoters OF
tho DEVICE to the extent of
FIVE HUNDRED SHARES
of tho proposed capital stock, In such
amounts as they may apply for not to ex-
ceed hve shares to any one person.
THE LINOTYPE MACHINE
has becn,in successful operation In one of
the largest and most prominent newspaper
Offices In the country for nearly q year,
and now turns out from fifty to seventy
five per cent of tho type used In its COM
position, daily. A large sized book of 500
pages, and numerous pamphlets of different
sizes of type, have also been printed by It,
Its daily working In these different
FIELDS OF LABOR
has beon carefully studied and such minor
improvements ami changes as have been
suggested have been added from time to
time, until tho device Is now believed to be
reliable for all classes of work. for news
paper as well as for Job office purposes.
THE MERGENTuALER COMPANY
is the manufacturing company, and tho
NATIONAL TOPOGRAPHIC COMPANY
Is the parent organization and owner of the
fifty or more patents-embraclng moro than
one thousand distinct claims-by which the
Linotype machine is protected This ma
chine, the manufacturers arc confident. is
capable of producing continuously
EVERY VARIETY OF BODY LETTER,
rs distinguished from largo display type,
In bars of single line of any required
width Of column, ready for tho press, at a
price
LESS THAN HALF THE COST
of ordinary composition and superior to
hand composition In every respect. while
yielding to the parent company, even at
this great reduction, q fair royalty for the
use of Its inventions, and to
THE LINOTYPE COMPANY
of Washington good income upon the cap.
ital invested The Washington Linotype
Company will be the first organized opcrat-
ing company to take the field. 1t has al
ready secured four of the 200 machines
now In process of construction.
Each of these machines.
WITH A SINGLE OPERATOR.
can turn out from
FORTY TO FIFTY THOUSAND EMS
every eight hours, and, by the employment
of relays of operators, is capable of daily
product of from one hundred and twenty to
one hundred and fifty Thousand ems.
This product is adapted to all classes OF
newspaper, book and Job worlS-other than
dlsplay-includlng advertisements of the
character of this prospectus. as will more
clearly appear upon examination of the
work already done by the machine. ..
1t Is beloved that only 90 per cent. Of
the amount subscribed. S5 share. will be
needed to put the Company -.... ...
IN SUCCESSFUL OPERATION.
and this amount will be called for In two
instalments; the first of $3.50 per share
within ten days from the date Of subscrlp
tlon, and the balance In thirty days there,
after.
Subscriptions will be received daily. up.
on the terms of this prospectus at the ten,
poraIy offices of the Company.
ROOM 90, POST BUILDING,
between 10 u. m. and D. m. from Thurs.
day, September 20tb until October 5th. In.
elusive, BY Mr. Il. V. Murphy. who has beer
selected as temporary treasurer.
If the subscriptions exceed four thou.
sand shares, the amount of the capital
stock, a pnp rata reduction will be made az
far as practicable.
This advertisement Is printed from bars
produced by the Linotype machine In non
pariel type.
e. v. MURPHY.
Temporary Treasurer.
Room SO,
Post Building.